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IHL: Tablets and smartphones transforming retail experience
Franklin, Tenn. -- Tablets and smartphones are redefining the retail shopping experience and will be a $5 billion market per year by 2015, according to a new research report by IHL Group.
The study, Mobility: A Gutenberg Moment for Retail, A Threat to POS, found that the release of the Apple iPad and Amazon Kindle Fire have created price points and form factors for mobile devices that are finally allowing retailers to arm their associates with tools that will transform the in-store experience.
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Walgreens’ September sales up 5.4%
Deerfield, Ill. -- Walgreen Co. said Wednesday that its sales increased 5.4% in September, to $5.95 billion from $5.65 billion in the year-ago period.
Pharmacy revenue rose 4.6%, while front end sales were up 5.1%.
Same-store sales rose 3.1%. Wall Street analysts were expecting growth of 4.6%.